Staggered withdrawal of money by account-holders at branches, BCs and ATMs
The
Ministry of Rural Development is releasing the lump sum amounts @ Rs. 500/- per
woman to Pradhan Mantri Jan-Dhan Yojana (PMJDY) accountholders (as per number
of such accounts intimated by banks), for April 2020, and the same have been
credited to the designated accounts of individual banks on 2nd April
2020.
This follows the announcement made by the Finance Minister on 26.3.2020
regarding ex-gratia payment of Rs. 500/- per women PMJDY account holders, for
next three months, under the PM Garib Kalyan Package.
In order
to maintain social distancing and orderly withdrawal of money by beneficiaries,
the Department of Financial Services (DFS) has directed the banks to stagger
the arrival of account-holders at branches, BCs and ATMs for withdrawal of
money. Following is the schedule of disbursement based on the last digit of the
account number of the beneficiary:
|
Women PMJDY accountholders
having account number with last digit as
|
Date on which amount could be
withdrawn by the beneficiaries
|
|
0 or 1
|
3.4.2020
|
|
2 or 3
|
4.4.2020
|
|
4 or 5
|
7.4.2020
|
|
6 or 7
|
8.4.2020
|
|
8 or 9
|
9.4.2020
|
After
09.04.2020, the beneficiaries may go to the branch or BC on any date as per
normal banking hours. Banks may accordingly phase out the credit to beneficiary
accounts. Banks have been advised to intimate the above schedule to the
beneficiaries through sms intimation as per the following text:
“We care
for you. Under Pradhan Mantri Garib Kalyan Package, a sum of Rs. 500/- pm has
been deposited in the a/c of Women Jan Dhan Yojana Beneficiaries for the month
of April 2020. Pl contact your Branch/ Bank Mitra tomorrow/ on …….(date) to
avoid inconvenience. Stay safe stay healthy!”
(Bank may
choose the appropriate option from the underlined text)
In
addition to sms messages as per the above text, local publicity (through local
channels/ print media/ cable operators/ local radio/ other channels) may also
be carried out making clear that the money credited to the accounts is
available for withdraw when required and if the beneficiary needs to draw the
money immediately, she may approach the bank branch or BC as per the schedule
mentioned in para 3 above. It may be emphasised that the schedule has been
drawn up in the interest of orderly disbursement while maintaining social
distancing.
In this
context, State Level Bankers' Committee (SLBC) convenors have been directed to
immediately contact the State Governments, apprise them of the staggering plan
and seek their support for suitable security arrangements at branches, BC
kiosks and ATMs. The State Government may also be requested to issue suitable
instruction to the District administration and police authorities to support
the bank in arranging orderly disbursement of money to be beneficiaries and in
carrying out local publicity.
Heads of
all Public Sector and Private Sector Banks have been asked to issue suitable
instructions in this regard to Branch officials and Business Correspondents.
*******
APS/PK/MS/BA
(Release ID :200951)
